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Mainland-listed HK Stock ETFs See Record RMB25B Weekly Outflow
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Bloomberg data show that Chinese investors are selling Hong Kong stocks at an unprecedented pace, indicating weakening demand for Hong Kong equities amid rising appeal of China AI stocks. Last week, ETFs listed on the mainland that invest in Hong Kong stocks recorded capital outflows of up to RMB25 billion, marking the largest weekly outflow on record and contrasting with the sustained inflows seen last year. Hong Kong equities have underperformed mainland markets for four consecutive months, with capital increasingly flowing into mainland-listed semiconductor and AI-related stocks. Goldman Sachs has also downgraded its rating on Hong Kong H-shares to "Equalweight," citing rising opportunity costs of maintaining an "Overweight" stance. (mn/u) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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